Scallop Token Lock-Up Reaches 9 Million With Average Duration of 3.65 Years

According to Odaily, the Sui ecosystem lending protocol Scallop has reported that its token SCA has reached a lock-up volume of 9 million tokens. The average lock-up duration for these tokens is 3.65 years. Over the past two weeks, the lock-up volume has increased by 1 million tokens, bringing the total value locked (TVL) to over $110 million.